Trusted News for Credit Union Leaders • May 21, 2013
From the September-29, 2010 issue of Credit Union Times Magazine • Subscribe!
Clarity Member Services, through its parent company, The Money Source of Melville, N.Y., announced its new service to purchase closed loans from credit unions.
CMS said selling seasoned mortgage pools may be an option for credit unions looking for premium for performing loans, to address asset liability management concerns, free up funds for additional mortgage lending, and add income to their financial statements. The company evaluates a CU's portfolio and offers a projected price.
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Sarah Cooke 
Don Shoultz 
Marc Rapport 
